Asian shares slip as surging Covid cases weigh on global economy


Source: irishtimes.com irishtimes.com

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Recovery outlook dampened and progress slowed on US stimulus deal ahead of election 20 minutes ago Traders work on the floor of the Dow Industrial Average at the New York Stock Exchange. Asian stocks fell on Tuesday as investors were unnerved by the soaring global coronavirus cases that dampened the recovery outlook and slowed progress on a US stimulus deal. US shares however were set to bounce back from Wall Street’s worst day in a month with E-mini futures for the S&P 500 up 0.23 per cent. London’s FTSE futures edged up 0.02 per cent.